Currently, the asset is trading sideways between the support level of $41,400 and the resistance level of $42,500. BTC is likely to move within this range for some time, possibly 2 or 3 days, as the market seeks to stabilize. As long as the asset is trading below key resistance zones at $42,700–$43,300 and $43,850, the possibility of further correction remains...
The daily gap at 38.7 seemed like a logical place for price to retest once price started to trade sideways under daily res.
We have a point at 32.7k where all liquidity gets taken. Here, we can see a good bounce followed by a possible retest of Supply at 43.2k. If you think price cannot go as high as 43.2k again, you may be mistaken. At this point, many people will be expecting new highs and Shorts rekt. A drop below 32.6k can lead to price going as low as 21.3k next.
Here is the best zone for buy and sell setup on H1 chart. enjoy
Hello Traders, Base on technical and wave analysis we see this scenario for #BitCoin for next move. let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
if btc stays in accumulation phase for a week .possible massive pump on altcoins. rsi is at top looking to come down which in turn brings money to altcoins.let me know what you think.critism welcome
Green Lines are Halvings, Red Lines are Mid-points between Halvings accumulate as much BTC as you can before Halving ~April 2024, sell 12-18 months after Halving
Last weeks high: $44745 Last weeks low: $42371 Midpoint: $39998 BITCOIN reaches just shy of $45K in what has been a huge continuation of the bullish trend we've experienced all of this year. A pattern I have noticed and one that can usually be seen in market environments similar to this is: 1. Strong move, usually only a few candlesticks. 2. Consolidation,...
You know the drill, because you have been with me for years, right? My favorite signal of at least a temporary bottom is bullish divergence with oversold RSI - price makes a lower low, RSI makes a higher low. We do NOT HAVE IT YET. It is likely not to happen. But the idea drawn above is what I would LIKE to see to give me confidence that the bottom of this move...
Bitcoin is coming higher this year, moving very sharply through 2023, after a period of a consolidation that has been in play since March till Avgust of this year. We can see a nice and strong rise now, with some sharp extensions above daily base channel resistance lines and 40k area, so we assume that more upside can be seen as recovery is acting like an impulse....
I do see a retest of the monthly coming, will form a bull flag, its also the golden pocket of the last impulse wave.. See attachment ;-)
Bitcoin price is trading under resistance. If the price breaks 42.1k we can go back to 44k and finally attempt 46-48k. Wait for a breakout!
Before I start a couple of Historical Teasers: BTC is Finite in Volume - 21,000,000. BTC has transitioned from a little known FAD, scam, criminal entity with no value to one of a globally recognised and trusted P2P currency with with huge potential for storage of value (Digital Gold). Everything is going Digital and that includes all currencies. This...
Second Day: After amazing movement to the lower zone, re-testing the trend, and filling our first FVG zone, the price has dropped by 9%. During that drop, BTC also liquidated multiple positions (look at the heatmap), and now the closest liquidity is laying in the upper zones. With that being said, we are seeing a high probability of movement to upper zones to...
Bitcoin is currently running into resistance. This could be a nice short opportunity. The green box is interesting for me to possibly open a long.
I follow the idea that BTC will top mid 2025, if it continue to grow up too fast early in the bull market, i predict a new accumulation phase in 2024 , and a second part of the bull market in 2025. Here is my plan if BTC continue the actual trend.
5 min is bullish buying but you see it is almost topping out at POC of dump and levels of resistance on the 15 min price will play parameters per last post for details Rejection or break through Just watching PA and feeling strength of bounce No bias Just trade triggers